China 2022 crude imports may rise by 6-7% on new refineries, inventory refill

China 2022 crude imports may rise by 6-7% on new refineries, inventory refill
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31.01.2022

MOSCOW (MRC) -- China's crude oil imports could rebound by 6-7% this year, reversing 2021's rare decline as buyers step up purchases for new refining units and to replenish low inventories, reported Reuters with reference to analysts and oil company officials' statement.Robust demand from China, which accounts for a tenth of the global crude trade, would help underpin global oil prices,

Full article at mrcplast.com

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